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        	  Air Arabia's 300-room three-star Centro Hotel at 
			  Sharjah Airport is on track to complete construction by April 
			  2010. 
			  The concrete structure for all the four 
			  floors of the hotel has already been completed and the low cost 
			  airline even believes that the hotel can be completed below 
			  budget. 
						Air Arabia signed a management 
						contract with Rotana Hotels for the Centro Hotel in early 2007. 
						Centro by Rotana, Sharjah Airport, will 
						offer both standard rooms and suites. Features of the 
						hotel include a full 
			  casual-style dining area, in-room wireless Internet connectivity 
			  and entertainment. This will be 
			  combined with comforts such as a gymnasium and swimming pool, 
			  together with on-site business facilities, private meeting 
			  rooms and a business centre. 
						“Centro by Rotana 
			  at the Sharjah Airport is a key element of Air Arabia’s expansion 
			  strategy,” said Adel Ali, Group Chief Executive Officer of Air 
			  Arabia. “We are pleased to announce that despite challenging 
			  economic conditions, the project is on track, and will be ready to 
			  welcome guests by 2010. In addition to enhancing the services 
			  offered by Air Arabia, the hotel will also strengthen ancillary 
			  revenues, and we are confident that Centro will further improve 
			  the hospitality experience at Sharjah Airport.” 
						In the first five months of 
			  2009, passenger traffic at Sharjah Airport reached 2.33 million, 
			  up by 11%compared to last year. According to 2008 World 
			  Airport Traffic Report released by Airports Council International, 
			  Sharjah International Airport saw annual traffic growth of 22.1% in 2008, and was ranked third among the world’s 25 
			  fastest-growing airports.   
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